Cahill Represents Underwriters in $2 Billion Offering for Caesars Entertainment, Inc.
Date: 10/01/20
Cahill represented the underwriters in connection with a public offering of common stock by Caesars Entertainment, Inc., resulting in net proceeds of approximately $2,000,000,000. The offering made available 35,650,000 shares of common stock, which included the full exercise of the underwriters’ over-allotment option. Proceeds from the offering will be used by Caesars Entertainment for general corporate purposes, including to fund its potential acquisition of William Hill.